Auto Shop in Monmouth County, NJ - 32013

Not Disclosed, NJ
Monmouth County


Asking Price: Annual Revenue:
$580,000 $1,462,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: Auto Shop in Monmouth County, NJ - 32013 Broker: Marie Goldstein
Owner Financing is Available!
580,000.00 Down &

Quick Facts

Asking Price: $580,000
Annual Revenue: $1,462,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: $210,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 9
BBN Listing #: 75304447
Broker Reference #: 32013

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Business Overview:

Management is in place. No Reasonable offer will be refused. Training at the national and local level is offered.A 26-year-old auto body and paint shop located in Monmouth County, New Jersey is available for purchase.This is a high-volume, high-margin franchised business whose sales and profits have increased substantially over the last ten years and which constantly outperforms other franchisees in the chain. It is recognized as the top-quality service provider in the region by the franchisor.The company owes much of its growth to fleet sales and is now the exclusive vendor for 15 major corporation regional fleets. Shortly after acquiring this business ten years ago, the current owner eliminated all nonprofitable jobs and focused instead on building the higher margin fleet business and he continues to do so.Franchisor advertising, social media and reduced paint costs contribute to the growth and profits. In fact, it can compete favorably with any auto body and paint shop in the County franchised or otherwise. Owner is planning to retire.

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Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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